Improved US Consumer Sentiment Amid Ongoing Economic Concerns

Reported 1 day ago

US consumer sentiment saw its first improvement in six months as trade tensions eased, with the University of Michigan's index rising to 60.5. However, rising oil prices and geopolitical tensions continue to cast doubt on the sustainability of this optimism. Inflation expectations also dipped, but consumers remain cautious about the economy's trajectory.

Source: YAHOO

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